Larsson is out of contract in the summer and has failed to reach agreement over a new deal.

Blackburn have also registered an interest in 32-year-old playmaker Riquelme.

Riquelme signed a four-year contract extension with Boca Juniors last summer but discussions have been made between the the club's acting transfer representatives.

On the move: Rovers fans would have plenty to cheer about if the club sign Boca Juniors star Juan Roman Riquelme

Agent Barry McIntosh, who helped the club sign Schalke midfielder Jermaine Jones on loan earlier in the week, said: 'I have spoken with Jerome Anderson, who is doing a lot of work for Blackburn Rovers, about Riquelme and it is being thought about.

'He could prove a great alternative to Ronaldinho, but there is nothing definite yet,' McIntosh added in the Lancashire Telegraph.

Meanwhile representatives of out of favour Birmingham midfielder Michel are having talks with City over his future.

Michel was signed from Sporting Gijon 12 months ago but has failed to make an impact.

He was a target for AEK Athens but they have since cooled their interest.

Blues manager Alex McLeish: 'I am sorry the Michel one has not worked out.

'But Barry Ferguson's form has been stunning and made it difficult for Michel.

'Who knows, it could have been different if he had got the nod ahead of Barry and played regular football.

"I've been involved in a few transfer dealings over the past couple of years and I'm disappointed one hasn't worked out.'